What do you think about changing laws to put more regulations on financial but non-bank institutions. Do you think a more closely regulated insurance/investment industry could have prevented the collapse and bail-outs?Answer Question
Answer by Praying at 10:31 PM on Mar. 24, 2009
Answer by stacymomof2 at 10:42 PM on Mar. 24, 2009
The gov't forced banks in lower income areas to make loans to people with bad credit and no income. How can you pay back a loan with no income? That's crazy!
Answer by momof030404 at 11:09 PM on Mar. 24, 2009
Answer by stacymomof2 at 11:16 PM on Mar. 24, 2009
Answer by Praying at 11:28 PM on Mar. 24, 2009
Answer by grannywilson at 11:38 PM on Mar. 24, 2009
Answer by hautemama83 at 11:39 PM on Mar. 24, 2009
Answer by janet116 at 12:41 AM on Mar. 25, 2009
Answer by Bezu at 7:49 AM on Mar. 25, 2009
Regulations need to be in place, especially because the effect of THEIR failures directly impacts America as a whole. They are basically aloud to operate OUTSIDE the law. Even the ones that are successful, they have loopholes and BARELY pay taxes...How is that legal?
Answer by sweet-a-kins at 9:41 AM on Mar. 25, 2009
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